Aviation Funding Stability Act of 2021

Hozzl · 2024-04-17T23:45:33Z

Explore the details of House Bill 4042 Aviation Funding Stability Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Transportation and Public Works. Stay informed on legislative developments.

4/17/2024, 11:45 PM

Summary of Bill HR 4042

Bill 117 HR 4042, also known as the Aviation Funding Stability Act of 2021, aims to provide stability and funding for the aviation industry in the United States. The bill addresses several key issues related to aviation, including funding for the Federal Aviation Administration (FAA) and the Airport and Airway Trust Fund.

One of the main provisions of the bill is the reauthorization of funding for the FAA, which is responsible for regulating and overseeing the safety and efficiency of the nation's aviation system. The bill allocates funding for the FAA for a specified period of time, ensuring that the agency has the resources it needs to carry out its important functions.

Additionally, the bill addresses funding for the Airport and Airway Trust Fund, which is used to support the construction and maintenance of airports and air traffic control systems. The bill ensures that the trust fund has the necessary funding to continue supporting these critical infrastructure projects. Overall, the Aviation Funding Stability Act of 2021 aims to provide stability and funding for the aviation industry in the United States, ensuring that the FAA and the Airport and Airway Trust Fund have the resources they need to support the nation's aviation system.

Congressional Summary of HR 4042

Aviation Funding Stability Act of 2021

This bill provides continuing appropriations to the Federal Aviation Administration (FAA) from the Airport and Airway Trust Fund if an appropriations bill for the FAA has not been enacted before a fiscal year begins or a joint resolution making continuing appropriations for the FAA is not in effect.

The bill provides appropriations at the rate of operations that was provided for the prior fiscal year to continue programs, projects, and activities for which funds were provided in the preceding fiscal year.

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Current Status of Bill HR 4042

Bill HR 4042 is currently in the status of Bill Introduced since June 22, 2021. Bill HR 4042 was introduced during Congress 117 and was introduced to the House on June 22, 2021. Bill HR 4042's most recent activity was Placed on the Union Calendar, Calendar No. 484. as of December 23, 2022

Bipartisan Support of Bill HR 4042

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

178

Democrat Cosponsors

128

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4042

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Appropriations

- Aviation and airports

- Department of Transportation

- Executive agency funding and structure

- Government trust funds

- Legislative rules and procedure

- Transportation programs funding

Alternate Title(s) of Bill HR 4042

Aviation Funding Stability Act of 2021

To provide for funding from the Airport and Airway Trust Fund for all Federal Aviation Administration activities for a certain period in the event of a Government shutdown, and for other purposes.

Aviation Funding Stability Act of 2021